Zurcher Kantonalbank Zurich Cantonalbank Raises Stock Position in White Mountains Insurance Group, Ltd. $WTM

Key Points

• Zurcher Kantonalbank increased its stake in White Mountains Insurance Group by 260.9% in Q4 and now holds 913 shares worth $1,897,000 according to the latest SEC filing.
• WTM trades with a market cap of $5.63 billion and a PE of 5.25; the company reported quarterly EPS of $39.77 (missing the $379.45 consensus) and recently paid an annual dividend of $1.00 per share for a 5.0% yield.
• Institutional ownership is high at 88.65%, and analyst views are mixed—Weiss Ratings upgraded to a "buy" while Wall Street Zen cut to "hold", with MarketBeat showing an overall consensus of "Buy".

Zurcher Kantonalbank Zurich Cantonalbank lifted its position in White Mountains Insurance Group, Ltd. (NYSE:WTM - Free Report) by 260.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 913 shares of the insurance provider's stock after buying an additional 660 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank's holdings in White Mountains Insurance Group were worth $1,897,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of WTM. Legacy Wealth Asset Management LLC boosted its stake in White Mountains Insurance Group by 1.6% in the 4th quarter. Legacy Wealth Asset Management LLC now owns 313 shares of the insurance provider's stock worth $650,000 after purchasing an additional 5 shares in the last quarter. Bank of Nova Scotia boosted its stake in White Mountains Insurance Group by 3.1% in the 3rd quarter. Bank of Nova Scotia now owns 202 shares of the insurance provider's stock worth $338,000 after purchasing an additional 6 shares in the last quarter. Vanguard Personalized Indexing Management LLC boosted its stake in White Mountains Insurance Group by 3.0% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 240 shares of the insurance provider's stock worth $401,000 after purchasing an additional 7 shares in the last quarter. Allworth Financial LP boosted its stake in White Mountains Insurance Group by 25.0% in the 3rd quarter. Allworth Financial LP now owns 35 shares of the insurance provider's stock worth $59,000 after purchasing an additional 7 shares in the last quarter. Finally, Venturi Wealth Management LLC boosted its stake in White Mountains Insurance Group by 3.3% in the 4th quarter. Venturi Wealth Management LLC now owns 221 shares of the insurance provider's stock worth $459,000 after purchasing an additional 7 shares in the last quarter. Hedge funds and other institutional investors own 88.65% of the company's stock.

White Mountains Insurance Group Stock Up 0.5%

WTM stock opened at $2,270.79 on Tuesday. The firm has a 50 day moving average of $2,224.22 and a 200 day moving average of $2,087.51. The stock has a market capitalization of $5.63 billion, a PE ratio of 5.25 and a beta of 0.35. The company has a quick ratio of 0.89, a current ratio of 0.89 and a debt-to-equity ratio of 0.14. White Mountains Insurance Group, Ltd. has a 52 week low of $1,648.00 and a 52 week high of $2,333.00.

White Mountains Insurance Group (NYSE:WTM - Get Free Report) last announced its quarterly earnings data on Friday, February 6th. The insurance provider reported $39.77 EPS for the quarter, missing the consensus estimate of $379.45 by ($339.68). White Mountains Insurance Group had a net margin of 29.62% and a return on equity of 8.12%. The business had revenue of $1.60 billion for the quarter.

White Mountains Insurance Group Announces Dividend

The firm also recently disclosed an annual dividend, which was paid on Wednesday, March 25th. Shareholders of record on Monday, March 16th were paid a dividend of $1.00 per share. This represents a yield of 5.0%. The ex-dividend date was Monday, March 16th. White Mountains Insurance Group's payout ratio is presently 0.23%.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the stock. Weiss Ratings upgraded shares of White Mountains Insurance Group from a "hold (c+)" rating to a "buy (b+)" rating in a research note on Monday, March 2nd. Wall Street Zen cut shares of White Mountains Insurance Group from a "buy" rating to a "hold" rating in a research note on Saturday, April 4th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of "Buy".

About White Mountains Insurance Group

White Mountains Insurance Group, Ltd. is a Bermuda-based diversified insurance and financial services holding company organized in 1985 and headquartered in Hamilton, Bermuda. The company operates through a portfolio of insurance, reinsurance and specialty finance businesses, offering a blend of underwriting expertise and investment management to institutional clients worldwide. As a publicly traded entity on the New York Stock Exchange NYSE: WTM, White Mountains seeks to generate long-term shareholder value by combining disciplined capital management with strategic acquisitions and organic growth initiatives.

Through its principal operating subsidiaries—most notably Sirius International Insurance Group, Ltd.

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